2022 Lucid Air sells for $61,111 on Bring a Trailer — was it a deal?
The 2022 [Lucid Air](https://fridayswatchlist.com/search?make=Lucid&model=Air) Dream Edition Performance sold for $61,111, which is strong money given its specs and current market conditions.
This isn't just any electric sedan. With 1,111 horsepower and 1,025 lb-ft of torque, the Lucid Air is designed to impress. The dual permanent-magnet electric motors deliver a driving experience that combines exhilarating performance with luxury. The Infinite Black Metallic finish and Graphite Grey & Ceramic Nappa leather interior bring a high-end feel to the table. Plus, with features like DreamDrive Pro and a 900-volt charging system, this car is packed with cutting-edge technology. At just 22,000 miles, it's a low-mileage option that many buyers in the luxury EV market will find appealing.
Now, let's talk about the price. The sale at $61,111 comes in 12% above the fair value estimate of $54,600 provided by FW. With 19 bids, the auction saw a decent amount of action, indicating that there was interest in this high-performance EV. However, considering the fair value estimate, this price can be seen as strong money. Buyers often have to weigh the allure of low mileage and limited editions against market trends, and in this case, the premium paid reflects the current demand for unique electric vehicles.
The community had some sharp insights about the auction dynamics. One commenter pointed out that the initial auction fell through because of a non-performing bidder, which ultimately impacted the seller's end result, stating, "the seller got hosed by a non-performing bidder." This highlights the unpredictability of online auctions and how one bad apple can affect the outcome for others involved.
For buyers hunting a similar car, one practical takeaway is to pay close attention to the bidding activity. A high bid count like this one (19 bids) often indicates demand, but also be wary of the potential for bid retractions. If you’re serious about an auction, ensure that you have reliable bidders backing you up to avoid leaving money on the table or getting caught in a bidding frenzy. In this case, the Lucid Air represents an exciting opportunity, but the path to ownership can be rocky if auction dynamics don't go as planned.
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